. Facebook Lost Out to Twitter Recuiting Highly-Respected Algorithms Engineer Pankaj Gupta. Facebook Has Had Trouble Finding a Director of Monetization.

Case 1
Facebook's Recruiting Problem, ExplainedCFO Gideon Yu's controversial departure from Facebook has increased focus on the company's problems retaining top talent. But Facebook's people problem isn't limited to executive retention. The hot startup with over 200 million users also has a surprisingly hard time recruiting new employees -- from top executives to college grads to star Googlers.

Sources familiar with the situation tell us Facebook's "close rate" on new employees it wants to hire hovers around 80%. One former Facebook employee -- who like many former employees, might have an agenda -- puts the rate below 50%. Either way, for a company with the potential to mint hundreds of millionaires in a rare Silicon Valley IPO, both numbers seem low.

"It's never been as high as we wanted it to be," says one source. After an unsuccessful search for departed CTO Adam D'Angelo's replacement, Facebook finally elevated VP Mike Schroepfer to engineering lead. Facebook lost out to Twitter recuiting highly-respected algorithms engineer Pankaj Gupta. Facebook has had trouble finding a director of monetization. After speaking with a range of industry sources -- including former Facebook executives -- there appear to be three main factors contributing to Facebook's challenges with recruiting and retention. * There's stiff competition from companies like Google and Microsoft, which are willing to pay through the nose to retain their own talent. Sources familiar with the company's practices say Google will sometimes double an employee's salary and stock to keep them from going to Facebook. These companies will also play on prospective Facebook employees' fears, reminding them of the startup's non-existent profits, executive turnover, and valuation questions. * To a lesser extent, Facebook's senior management team has a maligned reputation in Silicon Valley. This may or may not be deserved, but it exists. * Finally, Facebook only recently "professionalized" its recruiting efforts. Perhaps no case embodies Facebook's difficulty attracting new talent more than the case of Qi Lu, the former Yahoo search scientist who, in Fall 2008, agreed to join Facebook as its CTO only to renege and become Microsoft's online boss instead.

Sources disagree on why this happened.Some say Microsoft made Qi an offer he couldn't refuse. With its financial wherewithal, "Microsoft has the ability to make an offer almost impossible to walk away from," a source familiar with Microsoft's recruiting practices tells us. Sources familiar with Qi's thinking confirm that finances as well as the opportunity to run a business the size of Microsoft's online operations played a major role in his decision. This is certainly understandable--the Microsoft opportunity was a bigger and more high-profile job. Still, these same sources -- including former Facebook employees -- say the reputation of Facebook's management played a role. "Qi Lu is a guy with the highest ethics," one source said, "For a guy like him to accept an offer and then back out, something has to be f----- up." Likewise, another source familiar with Qi's thinking says he caught wind of a "toxic" workplace: "It's not a tight close-knit team. They fight each other and the strain shows throughout the organization. If Facebook had a mature, seasoned CEO, it might be a very different environment. I have lot of respect for Mark, but he's not a CEO. He doesn't know how to groom a team. The execs just don't trust each other. To the extent there's mistrust in the organization that's really toxic." Case 2:

Toyota’s current predicament is a result of poorly designed practices and weak execution on the part of the human resource department, writes Dr John Sullivan Unless you have been living off the planet Earth, you have probably already read or heard about several mechanical failures in Toyota automobiles that led the automaker famous for quality to recall nearly nine million cars worldwide....

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Rosen has been studying the effect of technology on people for more than 25 years. He’s recently studied social networking and its effects on children. He spoke about some of his findings at the American Psychological Assn’s annual convention in Washington, D.C. on Saturday.
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Candy Crush Saga, Farmville, private messages and "Liking" sound familiar? They are all part of the phenomenom known as Facebook. The popular social media website was created by Mark Zuckerberg in February 2004, according to Wikipedia. It quickly escalated into a major part of our society. There are many positive features of Facebook. Some of these features are long distance friends and family staying in touch, reminders of upcoming events and birthdays and it can be a great marketing tool. However, in this day and age, social media has aided in the lack of personal contact the public has with each other, resulting in poor communication skills.
Nowadays when you think of communicating with loved ones, there is the phone, mail, face to face contact and Facebook. This social media website has opened doors to long distance communication. If your friend in California posts a picture, you see it right away instead of waiting for the mail service to deliver it days later. Many businesses also use Facebook to advertise their products and sales. There are even some that offer exclusive "Facebook Discounts". Another great feature is the...

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Advantages and Disadvantages of Facebook for Students
By Economist Jul 12, 2012 0 0
Overview of Facebook for Students
Before discussing the advantages and disadvantages of Facebook for students -- I believe it is first best to get an quick overview of what exactly 'Facebook' is.
As social networking sites have now become an integral part of a student's everyday life and with Facebook considered to be the 'Big Daddy' of the online social networking world -- consisting of over 900 million users, it is not too surprising to find that more than 96% of students claim they have a Facebook Profile (with 10% using it daily)[4346] -- this coupled with the fact it actually originated from a student, Mark Zuckerberg, on Havard University Campus.
So How does Facebook work?
Each user on Facebook.com has their own free to set-up individual profile from which they can engage with others user's Facebook profiles through instant messaging, email and recently 'video calling' in association with Skype and notifications etc. Furthermore, Facebook users are able to engage in applications, participate in interest groups and organize events through Facebook. And in the future who knows what the possibilites for social networking sites such as Facebook can offers us -- but the...

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www.aardvark.co.za
Google
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